VOLTAS good long candidateVoltas wolf wave formation with positive divergence on RSI and MACD,, MACD on verge to give positive cross over,,
Counter can give 7 to 10 % up movee
Good long candidate,,,,
Macdcrossover
Chola finance Good long candidatechola finance wolf wave formation,, with positive divergence on RSI and MACD indicator,, RSI have given breakout from falling trend line and MACD have given positive cross over,, looks like the retrace ment for the counter is over,, good to go long for 10-15% up move,, once breakout is confirmed
Good long candidate
PTL Enterprises Ltd: Short term & Mid term bullish viewAs per pattern Round bottom and double bottom also. MACD crossover may happen on weekly chart. Dividend also coming Rs.2.5. These parameters may help to reach the target.
Vijayaraghavan.K,
Kovilpatti, Tuticorin Dist.
NCC - Symmetrical Triangle breakout + Inverted H&S + MACD crossOn a daily timeframe , i observed that it has given symmetrical triangle breakout and also formed inverted Head & Shoulder pattern.
Also i could see MACD crossover .
So in the coming days i expect that it may retest the trendline and move further upside.
*This is only for educational purpose.. do your own analysis before making any investment..
ASHOKLEY swing trade planPrice has given a strong breakout from the triangle pattern with a strong marubozu candle and with huge volume, from near the support area. Price has even broken 50 ema. MACD and stochastic RSI too are giving buy signals.
MRF swing trade ideaA falling wedge pattern is being formed with stochasticrsi divergence and macd crossover, volume is above average, a break above 83650 will be a good buy signal and if it breaks above 90300 it can be held for a further target of 96700.
BANKBARODA swing trade setupInverse head and shoulder pattern is being formed at an important support zone with raising stochasticrsi and macd crossover. Wait for a breakout above 76 to buy
BHEL on recoveryMACD has already done positive cross over & EMA is about to make a positive crossover.
POSITIONAL LONG TRADE IN PUNJAB NATIONAL BANK (PNB)/!!(FUT)!!POSITIONAL TRADE IN PNB
VIEW:-
:-WEEKILY TRENDLINE IS ABOUT TO BE BROKEN
:-MOMENTUM GAIN IN RSI
:-POSITIVE CROSSOVER ON MACD
:-ABOUT TO BREAK ITS 20-WEEKLY -EMA
TRADE IN FUTURES NOV CONTRACT
BUY@67
STOP@60
TARGET 1@75
TARGET 2@84
LOT:7000
QTY:2
!!CANARA BANK ON THE WATCH!!TECHNO WATCH
CANARA BANK IS LOOKING GOOD FOR A POSITIONAL TRADE AS RSI HAS REVERSED FROM OVERSOLD ZONES WITH STRONG FORCE AND MACD IS ON THE VERGE OF A POSITIVE CROSSOVER
RESISTANCE IS NEAR 210-214 WERE ONCE TAKEN OUT WILL LEAD TO RE-ENTRY INTO THE CONSOLIDATION ZONE OF 213-293 SO GOOD POTENTIAL RETURNS AHEAD
!!WATCH OUT!!
!!FOR TRADE CALL!!
!!PLEASE NOTE TRADE WITH CAUTION AND AT YOUR OWN RISK PROFILE!!
!!PLEASE DON'T OVER TRADE!!
!!LIVE TO FIGHT ANOTHER DAY!!
!!HAPPY TRADING!!
Sell RELIANCE - end of 5th wavesell if crosses below - 1322
RSI crossing below 70
MACD cross
TGT 1 - 1285
TGT 2 - 1270
TGT 3 - 1255
SL - 1345
Sell ALBK ALBK has a strong resistance at 55
RSI sliding from overbought zone
MACD crossover
Short for a target of
TGT 1 -52.5
TGT 2 - 50.25
SL - 57.5
MOMENTUM TRADE IN HPCL/HINDPETRO APRIL (FUT)MOMENTUM TRADE IN HPCL/HINDPETRO
APRIL FUT
SHORT@267
STOP@272
TARGET@257
LOT:2100
QTY:2
Short VOLTASRSI crossing below 70 and MACD crossover
Sell if crosses below 595
TGT 1 - 584
TGT 2 - 575
SL - 614
Nifty likely to reverse in upcoming weekNifty has gained around 9% in one month and it is very likely that it may reverse.
RSI and MACD have also shown a signal of reversal.
Short nifty for a target of
TGT 1 - 11390
TGT 2 - 11330
TGT 3 - 11250
SL - 11650
Sell Bajaj FinanceEMA 8, 13 and 21 crossover
MACD cross
RSI sliding below 70
sell if crosses below 2835
TGT 1 - 2800
TGT 2 - 2770
BTST IN RELIANCE JAN (FUT) BTST IN RELIANCE
JAN FUT
BEARISH TRENDLINE BREAKOUT ON THE UPSIDE
RISING OI
WILL LEAD THE NIFTY BREAKOUT
SYMMETRICAL TRINANGLE ON HOURLY CHART
BUY@1130
STOP@114.5
TARGET 1@1150
TARGET 2@1175
LOT:500
QTY:2
